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For SaleLuxury

$2,450,000

14,196 sqft$173/sqft626 days on market

1121 5th Avenue

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

14,196

Square feet

1948

Built

Listing narrative

Description

First time on the market in over 25 years. Welcome to 1121 5th Ave, Los Angeles CA 90019. This Property is absolutely stunning, and a great opportunity to enjoy passive income. In addition.. it is zoned LARD1.5, which enables the new owner to build up to 9 units and 2 ADUs ( verified with Building and Safety ) sitting on a huge lot. HOT AREA for new development opportunity in one of L.A.'s Hottest Neighborhood. Close proximity to shopping, restaurants, schools, parks, public transportation, and freeway. The Tenants are paying well below market rent.

Listing agent (MLS): Alan Cruz · Listing brokerage (MLS): Equity Smart Real Estate Services

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,450,000

Beds

Beds n/a

Type

Multi-Family

Home Size

14,196 sqft

Baths

Baths n/a

Lot Size

0.33 acres

Year

1948

Status

For Sale

Days on Market

626

$ / Sqft

$173

· 8% down, 7% APR, 30yr fixed
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Courtesy of Equity Smart Real Estate Services